Healthcare companies play a pivotal role in India’s ever-evolving industrial landscape. These companies, from hospitals and diagnostic centres to pharmaceuticals and research, offer various medical services which are crucial to the country’s economic growth. With the population being in the billions and due to the after-effects of the pandemic, healthcare companies in India have adapted to meet the diverse needs of the country. So, let us explore the top healthcare companies in India to understand the impact they have on public health in India and internationally.
See also: List of top 10 pharmaceutical companies in India
A list of healthcare companies in India
Apollo Hospitals Enterprise (Apollo)
Industry: Hospitals, Healthcare
Company type: India’s Top 500
Established in: 1983
Location: Chennai, Tamil Nadu
Apollo Hospitals is India’s first corporate hospital and is now Asia’s leading integrated healthcare services provider. They are engaged in hospitals, pharmacies, clinics and various healthcare models. The company mainly focuses on a patient-centric approach and has served over 150 million individuals from 140 countries.
Aster DM Healthcare (Aster Medcity) (Aster DM)
Industry: Hospitals, Healthcare
Company type: MNC
Established in: 1987
Location: Kochi, Kerala
Aster Medcity, located in Kochi, Kerala, is the first in the state to be accredited by JCI and NABH. It offers a wide range of medical specialities such as cardiac sciences, neurosciences, orthopaedics & rheumatology, oncology, etc. The company is also known for its robotic-assisted surgery and ECMO facilities, providing high-quality health care worldwide. In particular, it has a strong presence in the Middle East, India and the Philippines.
Dr. Lal Path Labs
Industry: Pharmaceuticals, Labs
Company type: India’s Top 500
Established in: 1949
Location: Gurgaon, Haryana
Established in 1949 by Dr. Major S.K. Lal, the company was originally known as Central Clinical Laboratory and Blood Bank Transfusion Centre. It initially focused on providing pathology services and operating a blood bank. Currently, it possesses a domestic network of over 250 clinical laboratories, 3,705 Patient Service Centers (PSCs), and more than 10,000 Patient Use Points (PUPs). The company also has a prominent presence in 23 countries, conducting over 700 tests daily and collaborating with over 150 hospitals and lab logistics providers.
Fortis Healthcare (IHH)
Industry: Hospitals, Healthcare
Company type: India’s 501-1000
Established in: 2001
Location: Gurgaon, Haryana
Fortis Healthcare, part of IHH Healthcare Berhad, is a prominent name in the healthcare sector. It has around 27 healthcare facilities, 4,300 operational beds and 400 diagnostics centres across India, UAE, Nepal and Sri Lanka. The company is also listed on the BSE and National Stock Exchange of India. Powered by around 23,000 professionals, Fortis has one of the most trusted networks in the healthcare industry.
HealthCare Global Enterprises (HCG)
Industry: Hospitals, Healthcare
Company type: India’s 501-1000
Established in: 1998
Location: Bangalore, Karnataka
HealthCare Global Enterprises mainly focuses on cancer hospitals and centres and medical diagnostic services. It also provides scientific testing and advice in the pharmaceutical and medical fields. Under the name HCG, it offers services such as cancer diagnosis and treatment, including radiation therapy, medical oncology and surgery. The company also specialises in fertility treatments and services related to reproductive medicine.
Narayana Hrudayalaya
Industry: Hospitals, Healthcare
Company type: India’s Top 500
Established in: 2000
Location: Bangalore, Karnataka
Narayana Health operates a network of hospitals across the country, primarily in Karnataka and eastern India. It has a strong presence in India and internationally, with a hospital in the Cayman Islands. Its specialties include cardiology, cancer care, neurology, orthopaedics, nephrology and gastroenterology, among others.
Piramal Enterprises
Industry: Pharmaceuticals, Labs
Company type: India’s Top 500
Established in: 1988
Location: Mumbai, Maharashtra
Founded in 1988, The Piramal Group is a major company in pharmaceuticals, financial services and real estate. Piramal Pharma (PPL) has a global presence and offers a wide range of products and services through its distributed network. Its hospital portfolio includes inhalation anaesthetics, intrathecal therapies, injectable pain and anaesthetics, injectable anti-infectives and other therapies. The company markets its products with various brands, which include Saridon, Lacto Calamine, I-Pill, Polycrol, Tetmosol, Untox and Throatsil.
FAQs
What are healthcare companies in India responsible for?
Healthcare companies in India are responsible for providing a wide range of medical services, including hospitals, diagnostic centres, pharmaceuticals and healthcare research.
Are healthcare services affordable in India?
Healthcare services in India are generally more affordable compared to many Western countries. However, costs can vary significantly depending on the facility and the type of treatment required.
What is the role of pharmaceutical companies in India?
Pharmaceutical companies in India are crucial in manufacturing and supplying medicines, both domestically and internationally.
Do healthcare companies in India focus on research and development?
Yes, many healthcare companies in India develop new drugs, medical technologies, and treatment methods, contributing to advancements in healthcare.
How do healthcare companies impact public health in India?
They play an important role in improving public health by providing access to medical services, medicines, and healthcare infrastructure, ultimately contributing to better health outcomes for the population.
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